Insurance and finance industry watchers who follow the annual rankings of top life insurance and annuities providers from the National Association of Insurance Commissioners (NAIC) may find little surprise in the organization’s latest numbers for 2016.

Once again, Metropolitan Group topped the NAIC’s life insurer market share list, which ranks the top 25 carriers by direct premiums written in 2016.

Related: NAIC ranks top life insurers for 2015

Despite the fact that revenue for MetLife’s direct premiums written in 2016 was up only slightly over the previous year, from roughly $3.8 billion in 2015 to roughly $3.9 billion in 2016, the New York City-based insurer continued to dominate cumulative market share, with 44.38% in 2016.

The remainder of the list’s top 10 insurers are the same companies listed in 2015, but not every company experienced positive growth in the relevant benchmark categories.

Continue on to see how the NAIC determined each of the top 10 life insurers fared last year with regards to direct premiums written, market share percentages and cumulative market share percentages.

MinnesotaNo. 10: Minnesota Mutual Group

2015 Ranking: 10

Direct Premiums Written, 2016: $3.9 billion

Direct Premiums Written, 2015: $3.8 billion

2016 Market Share: 2.4%

2015 Market Share: 2.4%

2016 Cumulative Market Share: 44.38%

2015 Cumulative Market Share: 44.69%

State Farm LogoNo. 9: State Farm Group

2015 Ranking: 9

Direct Premiums Written, 2016: $4.39 billion

Direct Premiums Written, 2015: $4.2 billion

2016 Market Share: 2.74%

2015 Market Share: 2.66%

2016 Cumulative Market Share: 41.94%

2015 Cumulative Market Share: 42.30%

John Hancock BuildingNo. 8: John Hancock Group

2015 Ranking: 7

Direct Premiums Written, 2016: $4.56 billion

Direct Premiums Written, 2015: $4.8 billion

2016 Market Share: 2.85%

2015 Market Share: 2.99%

2016 Cumulative Market Share: 39.20%

2015 Cumulative Market Share: 36.82%

Aegon LogoNo. 7: Aegon U.S. Holding Group

2015 Ranking: 8

Direct Premiums Written, 2016: $4.65 billion

Direct Premiums Written, 2015: $4.5 billion

2016 Market Share: 2.90%

2015 Market Share: 2.82%

2016 Cumulative Market Share: 36.35%

2015 Cumulative Market Share: 39.64%

Boston, Massachusetts

No. 6: Massachusetts Mutual Life Insurance Group

2015 Ranking: 6

Direct Premiums Written, 2016: $.6.65 billion

Direct Premiums Written, 2015: $6.2 billion

2016 Market Share: 4.15%

2015 Market Share: 3.88%

2016 Cumulative Market Share: 33.46%

2015 Cumulative Market Share: 33.83%

Lincoln National GroupNo. 5: Lincoln National Group

2015 Ranking: 5

Direct Premiums Written, 2016: $6.9 billion

Direct Premiums Written, 2015: $6.7 billion

2016 Market Share: 4.30%

2015 Market Share: 4.23%

2016 Cumulative Market Share: 28.30%

2015 Cumulative Market Share: 29.95%

PrudentialNo. 4: Prudential of America Group

2015 Ranking: 4

Direct Premiums Written, 2016: $8.56 billion

Direct Premiums Written, 2015: $8.6 billion

2016 Market Share: 5.34%

2015 Market Share: 5.42%

2016 Cumulative Market Share: 25.00%

2015 Cumulative Market Share: 25.72%

New York Life logo

 

No. 3: New York Life Group

2015 Ranking: 3

Direct Premiums Written, 2016: $8.79 billion

Direct Premiums Written, 2015: $8.8 billion

2016 Market Share: 5.48%

2015 Market Share: 5.54%

2016 Cumulative Market Share: 19.66%

2015 Cumulative Market Share: 20.30%

Northwestern Mutual LogoNo. 2: Northwestern Mutual Group

2015 Ranking: 2

Direct Premiums Written, 2016: $10.1 billion

Direct Premiums Written, 2015: $10.1 billion

2016 Market Share: 6.30%

2015 Market Share: 6.36%

2016 Cumulative Market Share: 14.17%

2015 Cumulative Market Share: 14.75%

MetLife buildingNo. 1: Metropolitan Group

2015 Ranking: 1

Direct Premiums Written, 2016: 12.6 billion

Direct Premiums Written, 2015: $13.4 billion

2016 Market Share: 7.88%

2015 Market Share: 8.39%

2016 Cumulative Market Share: 7.88%

2015 Cumulative Market Share: 8.39%

 

See also:

The top 100 life & health insurance companies of 2015

Top 3 life insurers for consumer loyalty [infographic]

Consumers vote: Best and worst life insurance carriers